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(IGL) Indraprastha Gas complete technical analysis [charts+indicators] | Buy/Sell Indraprastha Gas | (IGL) share price targets

Complete technical analysis of Indraprastha Gas (IGL) by charts plus indicators, forecast predictions and share price targets for Indraprastha Gas (IGL)

Indraprastha Gas trades in NSE in Utilities:Non-Elec. sector.

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 1365512

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	446.60	437.40	455.30	436.20	1.878 times
02 Sat Mar 2024	435.05	435.00	437.60	432.05	0.069 times
01 Fri Mar 2024	433.75	427.70	435.00	425.35	0.883 times
29 Thu Feb 2024	426.00	417.90	428.85	412.10	1.303 times
28 Wed Feb 2024	415.85	422.00	426.35	414.20	0.875 times
27 Tue Feb 2024	422.10	430.65	432.90	420.20	0.787 times
26 Mon Feb 2024	430.85	437.00	438.65	430.00	2.227 times
23 Fri Feb 2024	437.80	444.20	444.65	436.35	0.889 times
22 Thu Feb 2024	441.30	438.50	443.45	433.65	0.889 times
21 Wed Feb 2024	437.85	440.00	443.00	433.90	1.34 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 444, but if it comes below 444, then a intra day sell could be more profitable.
If you take a sell trade below 444, then use 444 as stoploss and 435.97 as target. However if you take a buy trade in stock , then use 444 as stoploss and 453.6 as target.

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	375.70
Downside Target	389.50
Downside Target	403.25
Downside Target	420.90
Downside Target	438.65
Downside Target	444.65
Upside Target	449.85
Upside Target	451.90
Upside Target	455.30
Upside Target	459.00

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	436.77
Downside Intraday Target	426.93
Upside Intraday Target	455.87
Upside Intraday Target	465.13
Downside Intraday Target	446.03

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	446.60	437.40	455.30	436.20	0.306 times
02 Sat Mar 2024	435.05	437.00	438.65	412.10	1.327 times
23 Fri Feb 2024	437.80	441.70	444.65	433.35	0.916 times
16 Fri Feb 2024	439.90	440.95	451.90	422.40	0.604 times
09 Fri Feb 2024	439.95	449.00	459.00	426.40	0.776 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Indraprastha Gas (IGL)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	446.60	427.70	455.30	425.35	0.104 times
29 Thu Feb 2024	426.00	433.00	459.00	412.10	0.612 times
31 Wed Jan 2024	430.40	420.40	449.85	403.25	1.23 times
29 Fri Dec 2023	418.35	391.00	420.90	389.50	1.022 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Indraprastha Gas (IGL)

Price action analysis of Indraprastha Gas ( (IGL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Indraprastha Gas ( (IGL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Indraprastha Gas ( (IGL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Indraprastha Gas ( (IGL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Indraprastha Gas stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Indraprastha Gas in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indraprastha Gas Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Indraprastha Gas in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Indraprastha Gas is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 433.63 and Indraprastha Gas (IGL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Indraprastha Gas (IGL) stock. Volume based technical analysis of Indraprastha Gas (IGL) stock is negative.

Indraprastha Gas Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.